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Norway wealth fund rejects call to boost EM bet

Friday, September 30, 2016 - 05:50

Oslo

NORWAY'S US$890 billion wealth fund shrugged off a call to increase emerging market (EM) investments after it built up over the past four years a position of about 10 per cent in the world's fastest growing economies.

"There are limits to such an allocation," Egil Matsen, the

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